direct/ All Nippon Airways Co Ld: ANA1Q Result

ANA Reports Profitable First Quarter

net profit more than triple previous term on strong international business demand, and domestic economic recovery

TOKYO July 31, 2006 ANA today reported strong earnings for the first quarter of fiscal 2006, ended June 30, attributing its performance to the continued economic recovery in Japan and strong demand for individual and international business travel. Consolidated revenue increased 10.5% to YEN345.2 billion, and operating profit rose 66.1% to YEN19.5 billion compared with the same quarter of the previous term. A consolidated net profit of YEN7.6 billion was posted a 255.7% rise with recurring profit also rising just over 132.8% to YEN14.4 billion.

ANA Group airlines carried 11 million passengers on domestic routes, up 2.3% year-on-year and generating a YEN10.3 billion increase in domestic revenues for the quarter under review. Routes to and from Tokyos Haneda Airport showed particularly strong demand. The growth was attributed to fare initiatives designed to spur demand, and ANAs policy of differentiating its product line from that of its competitors, for example, its Super Seat Premium product enjoyed a 60% increase in use.

Internationally, passenger numbers grew a robust 16.2% to 1.09 million, led by demand for business travel on North America and Europe routes. Demand for leisure travel on China routes recovered from the previous terms fall, joining steady business demand. Routes to other parts of Asia and the resorts of Guam and Hawaii also performed well. Revenue from international routes grew 23.4% to YEN65 billion.

For detailed results, please refer to the attached explanation.

http://www.ana.co.jp/eng/aboutana/corporate/ir/pdf/tan_060731_e.pdf




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